MBA: Module 6 Strategic Leadership

Module 6 was the toughest module to date. I don't think the content was particularly difficult, but with the weather turning and 7 months of work behind us, the burnout factor was setting in. It was difficult to get motivated to do work, and some of the assignments we had seemed to be work projects for the sake of doing work. We managed to get through it, but I'm looking forward to the Christmas break and not seeing the school for a while.

The module was called Strategic Leadership and the courses were Finance Strategy, Strategic Implementation and Change, International Business, Negotiations and Conflict Management, and IT Strategy. A lot of the topics had to do with making strategic management decisions and how to get people to go along with them.

Finance Strategy
This was a fast paced course! Only five class sessions but a lot of topics to cover, Professor Wang seemed constrained by the short length of the course. He flipped through slides really quickly and there wasn't much time for questions and discussion in the class. I had to do a lot of reading form the textbook just to get a sense of what the topics were. People coming from Arts backgrounds without a strong command of math had a hard time with the course and some groups even hired tutors to get them through. The quizzes and exam were fair though, but the course was a lot of work. A lot of people were happy when it was over. The general consensus was that the course needed more classes than 5.

Strategic Implementation and Change
I wrote about this course already in an earlier post. The course ended well with a simulation about implementing change at a fictitious aerospace technology company. The simulation was-web based and you had to go through an information gathering phase, a planning phase, and an implementation. The idea was to get everyone on board for a change in the company's business strategy by a sequence of initiatives with limited time and money. The goal was to get over 60% of the company on board. My team didn't do that well, some of our decisions took too long to implement or drained our resources. It was an interesting exercise in any case.

International Business
I didn't like this course much. I thought the amount of assigned reading was unrealistic and, at this stage of the program, time management was more key than actually getting through all the topics. I basically did the minimum amount of work required for this course. It dealt with topics dealing with international business like the bombardier-embraer feud, the dubai-ports fiasco, Chiquita banana in south america, and other similar topics. If you were an news junkie like I was over the past few years, you had a good handle on what the topics were about. I had a hard time knowing what we were supposed to be learning though. The discussions and presentations were interesting, but at the end of the day, I didn't really get something out of it that tied everything together.

Negotiations and Conflict Management
This was an interesting course, albeit a short one. The textbook is a good one: Essentials of Negotiation. We had to do negotiation exercises in pairs where half the class had one side of a story, and the others had the other side. The idea was to get to a negotiated deal. I learnt a lot about myself and how I negotiate. A lot of past conversations, relationships, and interviews boiled up from my memory. I think just being aware of my tendencies in negotiations will help me in the future. We had to do team presentations about doing business and negotiations in different cultures. For our final paper, we had to take a negotiation from our past and break it down and analyze it. I did mine on my salary negotiation at my last job.

IT Strategy
This was a looooooong course. The idea was to make good business decisions in terms of using IT resources. I found the topics repetitive and I think this course was better off being 5 sessions rather than 10. We did learn a good analysis tool in breaking down a business problem and getting to the central underlying issues. We also learnt a good technique for writing memos with less than 250 words that were direct and efficient in conveying problems and recommendations.

I was glad when this module was over. I decided to pass on an information session trip to Toronto for meeting with companies and touring some facilities. I figured I needed a few days to lay low and vegetate instead of hob-nobbing and shmoozing in a suit. I know that companies aren't really looking to hire at this time of year, plus none of the companies really matched what I'm looking for. My job search will begin in earnest in January.

MBA Jobs in 2009

The job market when we graduate in May might be interesting. It's hard to sense what job hunting will be like in the new year. I know going into Christmas, there's no point in applying for jobs because all companies are pretty much winding down for the year. Come January, companies should have a better handle on what the need for the coming year in terms of resources...will have a better chance on finding some type of job.

How good that job will be is up in the air. I know some of the people who've been getting job offers said that the salary levels aren't as good and companies are using the current economic situation as a reason. With Canada moving into a recession now, I know it will be tough looking for work.

Here's a take on the current financial climate and some commentary about the job prospectus for MBAs in the coming year.

Obama and homework

So years from now, when people ask me where I was when the most powerful country in the world, military and economically, elected the first black person to be their president, I'll remember that I was up until 3:30am writing a paper for Strategic Implementation and Change for Tina Dacin.

Her course is actually pretty awesome. She teaches about all the stuff managers will need to do to turn companies around from failing to successful...how to develop and implement strategies for change. It's difficult to describe the course content here because it isn't quantitative or qualitative. It's about situational awareness, psychology, problem solving, motivation, and leadership. There are two books referenced in the course. The first is "The Heart of Change" by John P. Kotter and Dan S. Cohen. You can get a sense of the book here. The other book is "Execution" by Larry Bossidy and Ram Charan. You can go to your nearest library or bookstore to check out the content.

The paper we had to write was about the Tar Products division at Allied Signal circa 1994. The division was suffering from declining negative profits, increased raw material costs, and was the only losing division within a successful large conglomerate. Chuck Griffith (I tried to find some good info online about him but no luck) was hired to turn the company around. Our paper was about how we would go about turning the company around. The class after we turned in our papers was awesome. We did a live simulation exercise of the initial meeting of Mr. Griffith and the Tar Products senior managers. It was amazing how quickly the situation can go bad. Body language, word selection, and general attitudes came into play...and we were just simulating it! I can imagine how tense the actual situation might have been. In any case, Mr. Griffith's approach was shear genius...I don't really want to tell the whole story here because it will ruin the case for potential students. A few of us sat around after class discussing the issue...really cool.

Anyways, I'm really enjoying this class. Professor Dacin is awesome with a neat sense of humour. Really gets the class going in some interesting discussions.

Now about Obama...great to see him get elected. It's a weird parallel that we're studying how to implement change and Obama won on a platform of change. His speeches are incredible (the best part starts at minute 9)...I wish we had a leader here in Canada that can inspire people like that. How does he do it? You think this is inspiring ? How about this? or this? This?

The US had one of their highest voter turnouts in their history, we had our lowest...both in the same year and within a month of each other. Any idea why? Where are our new leaders going to come from? What does that mean for our future?

Cool Knee Brace from SFU Research

I saw this browsing around the news today. It's a really neat idea...power small devices using power generated from walking. It's a shame that the military application is the one that will likely be first to be implemented, but I guess that's how they'll generate the revenue to make a commercial product. In any case, check it out here.

Sheesh...

Hmmm...I wonder what these people are hiding from...